The US Securities and Exchange Commission’s (SEC) recent move sparked controversy, Coinbase was asked to halt trading on all cryptocurrencies except for Bitcoin (BTC). According to the Financial Times, Coinbase CEO Brian Armstrong revealed that this request came before the SEC’s legal action against the company on June 6, where
The U.S. SEC and Binance both filed replies about “Eeon,” a company that wanted to intervene in the SEC’s complaint against Binance on behalf of clients. Binance and the SEC have apparently opposed Eeon’s request to intervene in the action, arguing that it does not comply with the requisite legal
Companies in the crypto sector have come under increased scrutiny after recent scandals and bankruptcies in the industry. This scrutiny has extended to businesses, including accounting firms, who have been employed by these companies. Paul Munter, the SEC’s principal advisor on accounting and auditing concerns, issued a warning to crypto
Eleven consecutive quarters of net inflows Annualized inflow rate of 21% across all products Termination of contractual gold payments and operating leverage expands margin NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today reported financial results for the second quarter of 2023. $54.3 million net income ($14.9(1) million
Listed corporations, including crypto enterprises, are required by the U.S SEC to report annually on their “cybersecurity risk management, strategy, and governance.” In an effort to strengthen the relationship between investors and public corporations. The new regulation mandates that businesses report any “material” cybersecurity issues within four business days. Organizations
Automotive Electronics Momentum Drives 32% Growth in Bookings From First Quarter 2023 Significant Year-over-year Increases in Sales and Profits REDMOND, Wash.–(BUSINESS WIRE)–Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced financial results for the
LAS VEGAS–(BUSINESS WIRE)–$AGREE #172_Percent_Growth_Qtr_to_Prior_Qtr—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”) today announced preliminary unaudited revenue for the three-month period ended June 30, 2023. Key highlights of Ault Alliance’s second quarter 2023 financial performance included: Preliminary revenue for the three months ended June
HONG KONG, HONG KONG, July 26th, 2023, Chainwire OKX, a leading crypto exchange by trading volume and Web3 technology company, has published its industry-best ninth consecutive monthly Proof of Reserves (PoR), showing a balance of USD$11.3 billion in BTC, ETH and USDT. OKX’s PoR covers 22 commonly used digital assets
After passing a virtual assets bill into law on Friday, the Namibian government plans to create a regulatory body to monitor the sector. To better regulate and oversee virtual asset service providers and associated activities, the government of Namibia has enacted the Namibia Virtual Assets Act 2023. The National Assembly
cheqd, a startup building the trusted data economy in which people and organizations have complete ownership and portability of their data, has launched Creds, a platform for issuing, holding, and exchanging digital credentials to establish a portable reputation. Creds, a platform to issue digital credentials, or “creds,” is a portable, reusable,
